According to Wysong and Perrucci, which of the following is NOT an attribute of people who have credentialed skill capital?
a. Those who attended elite universities, such as the Ivies, who use this education to climb career ladders.
b. People with specialized knowledge through work experience, training, or education.
c. Self-employed individuals who have fought their way through the working class, who have no employees to worry about, and can create their own businesses.
d. All of the above aptly describes people who have credentialized skill capital.
Question 2
According to Wysong and Perrucci, investment capital is best described in which of the following ways?
a. Money that is received by people who invest their retirement and pension plans in the stock market and receive dividends from these investments.
b. People who work from month to month to pay the bills, have constant debt, and have trouble meeting their mortgage and car payments.
c. Resources that are owned or held that generates cash income or other forms of monetary value for the owner(s), but usually not money that is received as income on a job.
d. People who have a credentialized skill in the form of college degrees, who began with a lot of money, and have put this money to work for them to improve their position in the social hierarchy.
Old people
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